Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$76,534$76,534$215,999
Remaining term (yrs)19.919.930.0
Secondary amount$0$139,465$0
Funding fee$383$383$0
Note rate3.440%3.440%7.320%
Blended rate3.440%6.384%7.560%
1st payment$441.51$441.51$1,483.76
2nd payment$0.00$929.77$0.00
Taxes / mo$104.75$104.75$104.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$696.26$1,626.03$1,781.71
Cash to close$163,465$24,000$24,000